On 26 January 2022, ESMA issued statement on reporting net short positions. ESMA published statement to clarify how to report net short positions (NSPs) between January 28 and 31, 2022, when the short selling reporting threshold changes from 0.2% to 0.1%. Follows EU CMSN September 2021 adopted regulation short selling threshold. Statement Provides background of […]
Sustainable energy stocks have become the target of short selling by hedge funds. According to a report in the Financial Times, with managers betting that the prospect of a rise in the interest rate will mean companies with strong environmental credentials but weak earnings are less attractive to investors.
On 21 January 2022, RUS CMP proposed changes to foreign investments law. RUS CMP described amendments to the law on foreign investments proposed by RUS CMP aimed at eliminating legal uncertainty; changes will only affect 5% investments. Follows RUS CMP March 2021 law on foreign investments. Follows RUS CMP July 2021 fishing industry protection from […]
On 21 January 2022, Nasdaq Nordic fined LSTH Svenska Handelsfastigheter AB. Nasdaq Nordic disciplinary committee fined LSTH Svenska Handelsfastigheter AB SEK 1,500,000 for breaching rule book for issuers of fixed income instruments. Summary Swedish Securities Council ruling 2021:43 found it violated item II.3 of the takeover rules for certain trading platforms issued by the Swedish […]
On 21 January 2022, UK FCA updated information on UK sovereign debt thresholds.
On 19 January 2022, BHR CB issued amended takeovers, mergers, acquisitions module. Applicable to conventional banks, Islamic banks, insurance, investment business, specialized licenses, capital markets; amended TMA module is effective immediately.